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you can find aerson who doesn't want a job, you can't say it is it all america. the 3.3 mlion people will slip in poverty. wh they need is jobs that. is it a real stimulus. to argue that this is a stimulus measure i disagree. >>old on. >> we have talked to ceo's time and time on theox business network. we have help wanted signs and people will nolt take the jobs because they don't want to work for minimum wage. is not forever . the notion is to move up and get promoted but people would rather collect 99 weeks of feebie. we are creating the monster and like ham sterse on i wheel and can't get off. hold on >> i just disagree that many americans are lazy. >> we are not saying everyon buthere are enough of them out there that unfortunately put a bad taste inveryone's mouth. >> wayne rogers going back to th issue of speppeding. 50 billion spend on unemployment benefits. 50 billion and in the of fial cliff talkings. thiss a number that nides to be addressed. is it that strong that we spend this much money on unemployment benefits. the stupidity of it the guy in the whi
you can find aerson who doesn't want a job, you can't say it is it all america. the 3.3 mlion people will slip in poverty. wh they need is jobs that. is it a real stimulus. to argue that this is a stimulus measure i disagree. >>old on. >> we have talked to ceo's time and time on theox business network. we have help wanted signs and people will nolt take the jobs because they don't want to work for minimum wage. is not forever . the notion is to move up and get promoted but people...
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so we've got to get a unrstanding that america is a country th is not ing to go backo the 1950s. wee always going to searching and growing to make ts country better and have a balanced enomy. so what do we do? we start, melissa, because over the last decade evious to president obama, we have spent like, we are running water. two ws and bush tax cuts. melissa: we afree on that. >> bush tax cuts. melissa: we have spent way too . this plan doesn't basically entitlement spending. we don't get our snding, with any ofthese three plans. even going over the cliff we don't get the spendin in order. i will giv you the last word. th we go on. >> the issue with the republicans they're losing is. they're losing the argument, the debate, they're losing everythi. what we need to do is, to respond to the question, what do we do now in three weeks? let's go aheadand give 98% of the american people a tax t. none of us are ignoring the viability and importance of looking at entitlement reform as it relates to savings getting rid of waste fraud and abuse and other aspects. i will not tolerate increa
so we've got to get a unrstanding that america is a country th is not ing to go backo the 1950s. wee always going to searching and growing to make ts country better and have a balanced enomy. so what do we do? we start, melissa, because over the last decade evious to president obama, we have spent like, we are running water. two ws and bush tax cuts. melissa: we afree on that. >> bush tax cuts. melissa: we have spent way too . this plan doesn't basically entitlement spending. we don't get...
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Dec 16, 2012
12/12
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it won be long until more than $500 billion in tax hikes hit america's wallets. that isn't yours and mine. congress is out for held for a long weekend. john boehner skipping town. those sources say his meeting with the president failed to make any progress to avert the fiscal cliff. even if washington doesn't get its act together, there are steps you can take to lower your tax burden next year. you can empower yourself. in a moment, we are going to get advice from the founder and president of diverse financial consulting. it looks like congress will have no choice but to punt the fiscal cliff debate until next year. we have a guest from thecato institute. sequestration kicks in, maybe talked about? >> i certainly agree with the sequestration part. we should be able to find 100 belden and spending cuts. we should be able to find 50 billion in spending cuts on the front. i think the sequestration and spending cuts should happen. unfounately, many of the tax increases, if we don't do something about taxes, i think it makes it harder to go back and extend any of the
it won be long until more than $500 billion in tax hikes hit america's wallets. that isn't yours and mine. congress is out for held for a long weekend. john boehner skipping town. those sources say his meeting with the president failed to make any progress to avert the fiscal cliff. even if washington doesn't get its act together, there are steps you can take to lower your tax burden next year. you can empower yourself. in a moment, we are going to get advice from the founder and president of...
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Dec 15, 2012
12/12
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♪ america! ♪ america! - ♪ god shed his grace on thee ♪ - ♪ on thee - ♪ and crown thy good with brotherhood ♪ - ♪ from sea to shining sea - ♪ from sea to ♪ to shining sea ♪ america the beautiful ♪ from sea to shining sea neil: don't say i dn't warn you with washington set to give $60 billion to sandy battered states. how is the smithsonian getting $2 million of that to fix a roof on one of its buildings. it was not damaged because of sandy. it was damaged before sandy. no wonder americans for tax reform is so upset. i guess this shouldn't surprise us, but more to come, i suspect? >> right, neil, this is why as we talk about the fiscal cliff and debating what can be done, anyone who's not telling you spending needs to be on the table and need to cut spending as part of the deal and solution is not serious. as you've seen, as soon as there's money, even the whiff of money on the tail, every agency on the board bellying up to the federal trough saying they need money, the smith
♪ america! ♪ america! - ♪ god shed his grace on thee ♪ - ♪ on thee - ♪ and crown thy good with brotherhood ♪ - ♪ from sea to shining sea - ♪ from sea to ♪ to shining sea ♪ america the beautiful ♪ from sea to shining sea neil: don't say i dn't warn you with washington set to give $60 billion to sandy battered states. how is the smithsonian getting $2 million of that to fix a roof on one of its buildings. it was not damaged because of sandy. it was damaged before sandy. no...
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Dec 23, 2012
12/12
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you were bullish on bank of america, bearish on sprint. tell me why. >> bank of america, all of the financials will go up. it is inevitable that yields will rise, bond prices will to drop which improves the margins and helped the banks. ironically it will make a big difference with earnings, and bankamerica has a much of t litigation behind them. in terms of sprint, just simply because sprint, ticker symbol s, has been able to make its acquisition of clear wire and even fix up the balance sheet, owning all this new spectrum, this spectrum does not matter if it's not on mobilizes. plus, we all remember then sprinted nextel merger. bottom line, they all go for verizon or at&t. that natural tendency. they are up against a really big mountain. gerrii you're not happy with that. you have made some stock picks arrest including intercept. goldman, morgan, to finance as yet talked about. apple, up 25%. they have come down here. lots of questions about them, but you are a bull. >> i was a bear when it hit the top there. apple is fundamentally a che
you were bullish on bank of america, bearish on sprint. tell me why. >> bank of america, all of the financials will go up. it is inevitable that yields will rise, bond prices will to drop which improves the margins and helped the banks. ironically it will make a big difference with earnings, and bankamerica has a much of t litigation behind them. in terms of sprint, just simply because sprint, ticker symbol s, has been able to make its acquisition of clear wire and even fix up the balance...
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why would anybody in america who has been successful continue to do it? on january 1st if my wife and i get hit by a bust the government thinks they're entitled to 55% basically everything have made. here's one hotel that iona's with about $20 million. apparently passing them on to my chilen on january 1st is some kind of threat to there public. i think it's a threat to being in the land of the free. gerri: as you are implying, the taxes, the debt tax soes after january 1 if nothing happens. >> monster. gerri: absolutely frightening. to you, you can see how people are reacting in the heartland to this. we're seeing reports every single day about people who are no upping the an to charity because they're worried that their charitable donation will be worth less. companies are paying dividends like to have not seen in december. it seems to me like the rest of the world is ahead of congress. washington is in the rearview see, and everybody else is getting ahead of them. >>ight. i say that's like every other day in america where the rest of e world as head of
why would anybody in america who has been successful continue to do it? on january 1st if my wife and i get hit by a bust the government thinks they're entitled to 55% basically everything have made. here's one hotel that iona's with about $20 million. apparently passing them on to my chilen on january 1st is some kind of threat to there public. i think it's a threat to being in the land of the free. gerri: as you are implying, the taxes, the debt tax soes after january 1 if nothing happens....
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Dec 22, 2012
12/12
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we're still going to mo on in america. we're still going to get out there and try to make money. we're still going to do our thing. we'll still try to make a better future for our kids in spite of what is going on, even if we don't belve in bigger government. what do you do first? first thing r the new year looking out into the horon the way things stand? >> probably havextra drink. melissa, you're right. things don't stop on january 2nd. you make a really good poin factories just don't close down. they don't fire everybody. i think people do move on. don't forget the government has done this before. we've come to points in januarwith the estate tax, amt, where they have done a retroactive application. don't be surprised if we go into january, things look terrible and they put a quick fix on it. melissa: steven, what about that? they never do anything anyway. raise some taxes. won't do anything else. we'll just horrible along. it's not that teible? >> well, look i think there is case to be made for that but look, i would disagree with scott. this is something that could pass the
we're still going to mo on in america. we're still going to get out there and try to make money. we're still going to do our thing. we'll still try to make a better future for our kids in spite of what is going on, even if we don't belve in bigger government. what do you do first? first thing r the new year looking out into the horon the way things stand? >> probably havextra drink. melissa, you're right. things don't stop on january 2nd. you make a really good poin factories just don't...
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Dec 12, 2012
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guns in america, should anything be done or are you comfortable with where things are? >> actually, i'm comfortable. i think that, for example, the killing that has aroused mr. costas' anger was an act of hatred and brutality, and that person wanted to kill somebody, they didn't need a gun to do it. so look, i just believe that it's one of our rights and -- joe? >> i start with the belief that the second amendment actually does protect the right of individual americans to own guns, but in my opinion, it's no more unlimited than the right of free speech which has limits. so i've supported, for instance, bans on the automatic weapons and for a while we've been trying to close what's called the gun show loophole. if you go in a store, it's pretty regulated now, to buy a gun at a regular gun shop there's a check done on you and national computer file of criminal records or if you can mental health records or indications of violence. if you go to a gun show, you don't have to do that. that's a problem. it's even a problem related to homeland security because some terrorists
guns in america, should anything be done or are you comfortable with where things are? >> actually, i'm comfortable. i think that, for example, the killing that has aroused mr. costas' anger was an act of hatred and brutality, and that person wanted to kill somebody, they didn't need a gun to do it. so look, i just believe that it's one of our rights and -- joe? >> i start with the belief that the second amendment actually does protect the right of individual americans to own guns,...
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Dec 19, 2012
12/12
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this is the united states of america. the world economic superpower, and the idea that we lurch from crisis to crisis and every six months for every nine months that we threaten not to pay our bills on stuff we have already bought and default and ruin the full faith and credit of the united states of america, that is not how you run a great country. so i put forward a very clear principle, i will not negotiate around the debt ceiling. we are not going to play the same game that we saw happen in 2011. which was hugely destructive. hurt our economy. provided more uncertainty to the business community than anything else that happened. and i am not alone in this. if you go to wall street, including talking to a whole bunch of folks who spend a whole lot of money trying to beat me, they would say it would be disastrous for us to use the debt ceiling to try and win political points on capitol hill. so we are not going to do that. which is why i think that part of what i hope over the next couple of days we see is a recognition
this is the united states of america. the world economic superpower, and the idea that we lurch from crisis to crisis and every six months for every nine months that we threaten not to pay our bills on stuff we have already bought and default and ruin the full faith and credit of the united states of america, that is not how you run a great country. so i put forward a very clear principle, i will not negotiate around the debt ceiling. we are not going to play the same game that we saw happen in...
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Dec 29, 2012
12/12
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america wonders why it is that in this town for some reason you can't get stuff done in an organized timetable. why everything always has to wait till the last minute. well, we're now at the last minute and the american people are not going to have any patience for a politically self-inflicted wound to our economy. >> but it remains to be seen whether lawmakers on both sides of the aisle get it. some even sounded miffed to have to work over the holiday. democratic senator charles schumer telling the "new york times," quote, i didn't realize how much i didn't want to be here until i got here. and republican senator rand paul saying he'd rather be playing soccer with his kids and telling the "times" "this is no way to run things." the dow industrials losing 150 points. jessica yellin, was any progress made today? was there any movement at all besides this being dropped in the senate's lap? >> randy, by washington standards, that is progress. and i know it's hard to believe but the fact that all these leaders left this meeting in agreement about the next step is a hopeful sign. the good
america wonders why it is that in this town for some reason you can't get stuff done in an organized timetable. why everything always has to wait till the last minute. well, we're now at the last minute and the american people are not going to have any patience for a politically self-inflicted wound to our economy. >> but it remains to be seen whether lawmakers on both sides of the aisle get it. some even sounded miffed to have to work over the holiday. democratic senator charles schumer...
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Dec 1, 2012
12/12
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america's got talent. so i left to come here and do this show and thought leaving it in good hands, and it all went to hell in a hand cart. >> what happened? what happened? >> they were clearly missing me, you clearly missing me. >> excuse me, piers, when you were there, we debuted at 16 1/2 million. you leave, we're at 10. >> what went wrong? >> i do not know. i do not know. i think that i didn't see the point of moving to new york. i didn't see what that does. i don't think a viewer at home that watches that show goes they really don't care whether it's filmed in philadelphia or los angeles or new york. what does it matter to them? they are at home watching the tv. >> it's moved because of how it's done because he does a radio show there. i got the feeling watching her, who i absolutely love, an amazing talent, but i just got the feeling it was a bit uncomfortable not being able to be the real howard stern because of the nature of a family show like "america's got talent." did you feel that? >> i thought
america's got talent. so i left to come here and do this show and thought leaving it in good hands, and it all went to hell in a hand cart. >> what happened? what happened? >> they were clearly missing me, you clearly missing me. >> excuse me, piers, when you were there, we debuted at 16 1/2 million. you leave, we're at 10. >> what went wrong? >> i do not know. i do not know. i think that i didn't see the point of moving to new york. i didn't see what that does. i...
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Dec 28, 2012
12/12
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restrained america? remember hillary clinton hitting the reset button with the reset, or the flexibility in a second term? another obama failure. we are not respected, we are just pushed around and now this. generous americans may not extend their love to russian children. that really is simply disgraceful. stuart: joining us from chicago, tres knippa. president obama meeting with congressional leaders, big deal at 3:00 p.m. today. here we go again. it sounds like trading. you are not going to get many sound bites out before the 3:00 meeting ends and the trading day ends soon after that. do you feel the outrage? >> absolutely. what i am outraged most about is it is a shame we do not have a functioning bond market. our bond market should be in disarray in the politicians in washington right now. our credit should be being downgrade. we are going the wrong direction. there is not one single compromise on the table being discussed in washington that is positive for the economy, no one knows where a new job
restrained america? remember hillary clinton hitting the reset button with the reset, or the flexibility in a second term? another obama failure. we are not respected, we are just pushed around and now this. generous americans may not extend their love to russian children. that really is simply disgraceful. stuart: joining us from chicago, tres knippa. president obama meeting with congressional leaders, big deal at 3:00 p.m. today. here we go again. it sounds like trading. you are not going to...
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Dec 27, 2012
12/12
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every other country in the world and watching this is going to say is america prepared to lead. if we can't solve this, the conclusion has to be you can't trust these guys. >> if the nation slides into a recession as many forecasters predict, isn't it pretty easy to imagine the blame being equally spread around washington? >> i think the republicans will pay the biggest price in the beginning. how it gets resolved over time, i'm not sure. the president so far has the fact is the republicans have been losing the message war on that. everybody knows that. the fact is it's being painted as a party too extreme and too far to the right. for its own sake it need to listen to the right of center not the far right to figure this out. the republican party can repair itself over time. but right now it has to act as if the country's needs come first. what do we need to do to protect the country's welfare. if that spirit takes hold here -- we all thought it would come with the end of elections. it didn't. then we thought it would come with the shootings in connecticut. it hasn't come. maybe
every other country in the world and watching this is going to say is america prepared to lead. if we can't solve this, the conclusion has to be you can't trust these guys. >> if the nation slides into a recession as many forecasters predict, isn't it pretty easy to imagine the blame being equally spread around washington? >> i think the republicans will pay the biggest price in the beginning. how it gets resolved over time, i'm not sure. the president so far has the fact is the...
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Dec 10, 2012
12/12
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france is not america, of course. they probably won't leave america. but, you know, i think first of all we've got to state this fact that this is a delusion that people making $250,000 a year are rich. this is clearly the upper middle class. these are the people that are going to get hurt. the wealthy, i mean the mitt romneys and the donald trumps of the world, they have been preparing for this for years. they have a team of wealth advisors, all the rich people do. they're prepared for this. stuart: how do they do it? how do they avoid -- if i'm rich and i know that come january the 1st my tax rate goes from 35 o 39 percent, i know that in advance, how do i avoid it? >> i was talking to my financial advisor a few hours ago. he was saying he has all kinds of clients transferring their businesses to their heirs, to their kids' names, putting their significant assets in their children's names to avoid the giant hike in the estate tax. this is one of the things they are doing. they are putting money in, you know, tax-free and tax-deferred accounts. i mean
france is not america, of course. they probably won't leave america. but, you know, i think first of all we've got to state this fact that this is a delusion that people making $250,000 a year are rich. this is clearly the upper middle class. these are the people that are going to get hurt. the wealthy, i mean the mitt romneys and the donald trumps of the world, they have been preparing for this for years. they have a team of wealth advisors, all the rich people do. they're prepared for this....
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Dec 13, 2012
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. >> did you know america existed? >> translator: not at all. >> did you know that the world was round? >> translator: i had no idea if it was round or square. >> camp 14 was all that he says he knew for the first 23 years of his life. these satellite images are the only glimpse outsiders have ever gotten of the place. 15,000 people are believed to be imprisoned here, forced to live and work in this bleak collection of houses, factories, fields and mines, surrounded by an electrified fence. growing up, did you ever think about escaping? >> translator: that never crossed my mind. >> never crossed your mind? >> translator: no, never. what i thought was the society outside the camp would be similar to that inside the camp. >> you thought everybody lived in a prison camp like this? >> translator: yes. >> he told us this is the house where he was born. his mother and father were prisoners, whose marriage, if you could call it that, was arranged by the guards, as a reward for hard work. did they live together? did they see e
. >> did you know america existed? >> translator: not at all. >> did you know that the world was round? >> translator: i had no idea if it was round or square. >> camp 14 was all that he says he knew for the first 23 years of his life. these satellite images are the only glimpse outsiders have ever gotten of the place. 15,000 people are believed to be imprisoned here, forced to live and work in this bleak collection of houses, factories, fields and mines,...
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Dec 13, 2012
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our big story tonight, america armed. a day after another gun outrage, a young 22-year-old shoots up a mall of christmas shoppers in oregon. here's the statistics. there's more than 129,000 federally licensed firearms dealers in this country. that's according to the bureau of alcohol and tobacco. there's 16,000 grocery stores and 14,000 mcdonald's restaurants. far more places to buy guns in america than groceries or burgers. 47,856 people murdered by firearms between 2006 and 2010. two more murdered in clackamas center. and it could have been worse. thousands ran for safety. joining me now, two survivors of the shooting. joslyn lay and allan fonseca. you go to the mall. and somebody walks in with an assault weapon and someone walks in indiscriminately shooting. what was the first you discovered this was going on. where were you and what did you hear? >> i was inside macy's at the lancome counter, which is close to the entrance of the mall area, where the shooter was. and i was being helped by allan. and he was almost done
our big story tonight, america armed. a day after another gun outrage, a young 22-year-old shoots up a mall of christmas shoppers in oregon. here's the statistics. there's more than 129,000 federally licensed firearms dealers in this country. that's according to the bureau of alcohol and tobacco. there's 16,000 grocery stores and 14,000 mcdonald's restaurants. far more places to buy guns in america than groceries or burgers. 47,856 people murdered by firearms between 2006 and 2010. two more...
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Dec 20, 2012
12/12
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stuart: no, i'm starting a party, immigrants who love america and are happy in america, that's my party. okay? >> how about a toga party. can we start that, too. stuart: don't get me started with that one. [laughter] >> carol ross, a brilliant discourse. >> thank you, stuart. stuart: new at 10, the federal budget flat-out out of control. it's a spending problem, not a revenue problem and that spending has surged under president obama. at the top of the hour, find out by how much. also, coming up new at 10, the latest and most critical read on the housing market. existing home sales right there at 10:00 precisely we'll report the numbers when they cross the wires for you. nicole, apple, when we checked pre-market, it was up, now it's -- the market is open. where is it. the stock is virtually flat. back and forth unchanged. and 525.78. and when i say the pinch to zoom, what's that, i have to read and read to figure out what it is. it's when you put your two fingers on a picture and go like this and spread out the picture on the iphone, that's pinch to zoom and that's what apple was trying
stuart: no, i'm starting a party, immigrants who love america and are happy in america, that's my party. okay? >> how about a toga party. can we start that, too. stuart: don't get me started with that one. [laughter] >> carol ross, a brilliant discourse. >> thank you, stuart. stuart: new at 10, the federal budget flat-out out of control. it's a spending problem, not a revenue problem and that spending has surged under president obama. at the top of the hour, find out by how...
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Dec 18, 2012
12/12
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is america's moves towards guns really fundamentally changing? we'll ask scott rasmussen next. [ male announcer ] at scottrade, we believe thmore you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locaons, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, even dollar trades are just the start. our teams have the information you want when you need it. it's anothereason more investors are saying... [ all ] i'm with scottrade. when, but ieves can stealw your identity anturn your life upside down. >> hi. >> hi. you know, i can sa you 15% today if you open up a charge card accot with us. >> you just read my mind. >> announcer: just one little piecof information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to relentlessly protect what matters most... [beeping...] helping stop crooks before your identity is attacked. and now you can have the most cor
is america's moves towards guns really fundamentally changing? we'll ask scott rasmussen next. [ male announcer ] at scottrade, we believe thmore you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locaons, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, even dollar trades are just the start. our teams have the information you want when you need it. it's anothereason...
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they want to raise the marginal tax rates for the upper earners of america. they are willing to allow a deal to lapse rather than have the tax rate rise. connell: maybe there is not a deal taking shape. they could say something like, we will raise these rates, but instead of $250,000, it has to be $500,000 or $1 million. there are ways to play a round with this. >> i think the republicans would lose, frankly, being the majority in the house. if they go ahead and give the president and democrats what they want, speaker banners speakership could be in trouble. dagen: democrats, for the most part, on the social security issue said, no, that is not happening. >> it seems to be the holy grail for the democrats. i do not think they are willing to do it. dagen: you have to get over 500 or something like that. >> i think they are more willing to make a deal on medicare than they would on obamacare. connell: force social security, like you said. dagen: and the president's plan, they want more stimulus spenddng. long-term unemployment benefits. >> these do not work. wh
they want to raise the marginal tax rates for the upper earners of america. they are willing to allow a deal to lapse rather than have the tax rate rise. connell: maybe there is not a deal taking shape. they could say something like, we will raise these rates, but instead of $250,000, it has to be $500,000 or $1 million. there are ways to play a round with this. >> i think the republicans would lose, frankly, being the majority in the house. if they go ahead and give the president and...
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Dec 27, 2012
12/12
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that is america today. i don't think america really likes it. i don't think it is working. we are anxious because we all know deep down that this new america is not working as advertised quite obviously, we can't afffrd it. you can't overspend by $1 trillion every year and say that is okay, and the rich pay for it and everything will be if they play their fair share, pure nonsense and you cannot say it is fair when half of the people who work don't pay any federal income tax at all, millions who are out of work are on disability or completely dropped out of society. we just know this is not going well. and the weak economy faces tax increases and a debt ceiling crisis just as we look to the new year. i don't believe it is a failure of the political system. it is because we don't care for this new government run america. doesn't feel right. is not the dynamic and prosperous america we are used to end it is not getting better. is getting worse. that is why i say there's a mood of anxiety across this land. stuart: a sudden loss down 86 points. harry reid moments ago on the sen
that is america today. i don't think america really likes it. i don't think it is working. we are anxious because we all know deep down that this new america is not working as advertised quite obviously, we can't afffrd it. you can't overspend by $1 trillion every year and say that is okay, and the rich pay for it and everything will be if they play their fair share, pure nonsense and you cannot say it is fair when half of the people who work don't pay any federal income tax at all, millions...
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welcome to tax eeerything america. good morning, everyone. income, dividend, interest, deductions, all financial transactions, granny's new hip, your mortgage interest. as we start the week it's all about raising taxes not cutting spending. tax everything. but there are rich people who will avoid the obama tax increases the board of directors at costco will get a huge tax windfall by paying themselves a big dividend this year. and jim senegal, charlie monger, bill gates' father all on the board in favor of taxing the rich, really? and the debate on guns front and center. that murder-suicide involving the kansas city linebacker brings on the call for gun control and the possibility of head injuries in football and drugs and alcohol. all right, everybody, monday morning, "varney & company" about to begin. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba ding the great rrier reef with sharks, or jumping into the marke he goes with people he trus, which ishy he trades with a company that doesn't nickel and
welcome to tax eeerything america. good morning, everyone. income, dividend, interest, deductions, all financial transactions, granny's new hip, your mortgage interest. as we start the week it's all about raising taxes not cutting spending. tax everything. but there are rich people who will avoid the obama tax increases the board of directors at costco will get a huge tax windfall by paying themselves a big dividend this year. and jim senegal, charlie monger, bill gates' father all on the board...
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Dec 6, 2012
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this requires your full attention, a highly respected elder statesman directed to the youth of america. >> stop instagraming your breakfast and tweeting your first world problems and getting on youtube so you can see "gangnam style." ♪ gangnam style >> normally i would say when former senator allen simpson does it, it probably means gangnam style has officially jumped the shark. but i think the dancing can of soda next to it saves him. gives it a fresh twist. and there's more. >> start using those precious social media skills to go out and sign people up on this, baby, three people a week, let it grow and don't forget, take part or get taken apart. boy, these old coots will clean out the treasury before you get there. >> it's a video for a group called the can kicks back, a nonpartisan campaign by young people to fix the national debt. i think they're totally on to something with this video. i feel like any time you get to hear allen simpson say these old coots and talk about instagraming your breakfast, it not only screams fiscal responsibility and could be used in peace talks and q
this requires your full attention, a highly respected elder statesman directed to the youth of america. >> stop instagraming your breakfast and tweeting your first world problems and getting on youtube so you can see "gangnam style." ♪ gangnam style >> normally i would say when former senator allen simpson does it, it probably means gangnam style has officially jumped the shark. but i think the dancing can of soda next to it saves him. gives it a fresh twist. and there's...
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Dec 27, 2012
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bank of america and jpmorgan weighing on the dow jones industrials. i wanted to check in on toyota motors. we are watching this closely. they are doing this $1.1 billion agreement. the owners of the 16 million cars, a lot of complaints, obviously. they do not have to admit guilt. the settlement does not cover injuries and wrongful death. it does cover all of the economic concerns and crisis all these people suffered. liz: thank you so much. we will be back with you in just a few. not only the weather, u.s. jobs are heading to canada also. with its high unemployment rate, watch out california. workers are the prime target. we are live in los angeles with this very interesting story. >> you are exactly right. canada is looking to double its oil production over the next 20 years. they do not have enough workers to get it out of the ground. some firms are willing to pay top dollar to convince americans to head north. >> canada is looking for a few good men and women. >> a lot of people retiring and we have a lot of major infrastructure projects, minds bei
bank of america and jpmorgan weighing on the dow jones industrials. i wanted to check in on toyota motors. we are watching this closely. they are doing this $1.1 billion agreement. the owners of the 16 million cars, a lot of complaints, obviously. they do not have to admit guilt. the settlement does not cover injuries and wrongful death. it does cover all of the economic concerns and crisis all these people suffered. liz: thank you so much. we will be back with you in just a few. not only the...
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Dec 20, 2012
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most of those trucks were sold in north america. amazon.com film production unit is producing six original comedy series with the episodes airing on the original service. viewer response will help respond which go into full season production. that is the latest from the fox business network. giving you the power to prosper. ♪ connell: we talked about the $8 million deal being acquired by ice, the intercontinental exchange. one of the things people are talking about is what does this mean for the future of human beings on the floor of the exchange. charlie gasparino covering this story about that area topic. >> in times of stress, this economy turns to the new york stock exchange. there is a reason there is an american flag wrapped around the front of this building. charlie: you are committed to the floor traders, keeping them here? >> absolutely. connell: charlie live now from the floor. pretty big day down there, obviously. charlie: i am blown away by this story. we were pretty much on this thing from the get go. this was on a me
most of those trucks were sold in north america. amazon.com film production unit is producing six original comedy series with the episodes airing on the original service. viewer response will help respond which go into full season production. that is the latest from the fox business network. giving you the power to prosper. ♪ connell: we talked about the $8 million deal being acquired by ice, the intercontinental exchange. one of the things people are talking about is what does this mean for...
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Dec 30, 2012
12/12
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the lessons, america is best democracy money can buy. >> this presidential election, 2012 broke a record. we spent over $2 billion. obama, romney, super pacs, dnc, rnc. $2 billion. to put it in perspective, that is literally more than the annual gdp of almost 30 countries in the world. we spent that on one election cycle. people in belize and liberia are shocked by this. $2 billion. how many individual people are turned off from politics by those kind of numbers. >> some people talk to chairs. >> some people -- clint eastwood, republican convention, made it okay to talk to your furniture. i've spoken to my couch, my end table on occasion. i think we made it cool to have fun with your ferns and plants and furniture around the house. >> women love to read porn. >> yes, they do. they love to read porn, talking about "fifty shades of grey." sold over 40 million books. mostly women over 30 who like to read these sexually provocative books. men are waiting for the movie. we like it visual. we men, internal. they read it and can picture things. i can't picture anything unless i can see it in fr
the lessons, america is best democracy money can buy. >> this presidential election, 2012 broke a record. we spent over $2 billion. obama, romney, super pacs, dnc, rnc. $2 billion. to put it in perspective, that is literally more than the annual gdp of almost 30 countries in the world. we spent that on one election cycle. people in belize and liberia are shocked by this. $2 billion. how many individual people are turned off from politics by those kind of numbers. >> some people talk...
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Dec 26, 2012
12/12
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a huge move for bank of america. moment depot up 46% this year as well. disney up 33% this year. jp morn, the bi morgan the big . up. imcdonald's down 11%. and the biggest dow loser hewlett packard down 45% for the year of 2012. well, iphone versus android. kindle versus i-pad. apple, google and amazon all going to war in 2013. who comes out alive? and don't forget facebook, they're in the mix as well. telecom ceo is next to tell us mo he thinks will come out on top. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >>
a huge move for bank of america. moment depot up 46% this year as well. disney up 33% this year. jp morn, the bi morgan the big . up. imcdonald's down 11%. and the biggest dow loser hewlett packard down 45% for the year of 2012. well, iphone versus android. kindle versus i-pad. apple, google and amazon all going to war in 2013. who comes out alive? and don't forget facebook, they're in the mix as well. telecom ceo is next to tell us mo he thinks will come out on top. [ male announcer ] at...
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Dec 17, 2012
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focusing on bank of america the top performer on the dow jones industrials. some of the tech stocks are doing well, home depot representing housing. the broad-based rally underway, cheryl and dennis. back to you. cheryl: thank you very much. the breaking news we have been covering for you. president obama and house speaker john boehner meeting at the white house 45 minutes. dennis: coming after speaker boehner said he would be willing to talk about a higher tax rate on earning over a million dollars per year as long as he gets an equal amount in spending cuts. rich edson with the latest details. >> the return to capital after the discussions at the white house the speaker meets with republican leadership this afternoon and with the rest of the republican conference in the house tomorrow morning. a proposed framework of a trillion dollars in spending cuts, cutting dollars in tax revenues including higher tax rates on more than a million dollars and curbs on deductions congress could work out next year. democrats and republicans are discussing continuing phasin
focusing on bank of america the top performer on the dow jones industrials. some of the tech stocks are doing well, home depot representing housing. the broad-based rally underway, cheryl and dennis. back to you. cheryl: thank you very much. the breaking news we have been covering for you. president obama and house speaker john boehner meeting at the white house 45 minutes. dennis: coming after speaker boehner said he would be willing to talk about a higher tax rate on earning over a million...
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Dec 28, 2012
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we'll have less factories built here in america. it's very important that washington starts working out deals right away so that the fiscal cliff can be history, and we can focus on building factories, higher people, growing. dagen: well, they are not listening to you, drew. i hate to break it to you. in the interim, your company makes wire baskets and does sheet metal fabrication. based on what you see, how much of your own customers pulled back? have you seen layoffs? have you seen spending cuts ahead of the lack of a deal? >> we are seeing many clients pause. we're seeing many clients, particularly in the military, stop ordering. our military sales have plummeted because everybody's concerned about sequestering, and what that's doing is causing a negative ripple effect throughout the economy. you know, the prior guest, senator dorgan, mentioned in the future there could be problems. the problems are already happening. people are adjusting. people are making budgets now for next year, and what they are doing is deflating home peop
we'll have less factories built here in america. it's very important that washington starts working out deals right away so that the fiscal cliff can be history, and we can focus on building factories, higher people, growing. dagen: well, they are not listening to you, drew. i hate to break it to you. in the interim, your company makes wire baskets and does sheet metal fabrication. based on what you see, how much of your own customers pulled back? have you seen layoffs? have you seen spending...
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Dec 31, 2012
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i mean, else's the president of the united states of america. we are facing a fiscal crisis right now, an economic crisis, for heaven's sake. shouldn't we expect the president to go a long way towards dealing with this and leading us out of it? and i don't see it, frankly. >> i don't either. and i think his view, honest he isly, he just won an election and so he calls the shots and republicans should just follow along, even though republicans kept their majority in the house and there's a great deal of the country that does not support the way that obama would like to deal with this problem. stuart: look how it's been presented in the establishment media. president obama cutting short his holiday vacation, returning to washington trying to fix the fiscal mess. thank you very much, mr. president. mr. boehner, speaker boehner, oh, he finally gets the house back in session on sunday night. and then we have some democrats saying, why don't these republicans quit defending their millionaire pals. the way it's presented in the establishment media is h
i mean, else's the president of the united states of america. we are facing a fiscal crisis right now, an economic crisis, for heaven's sake. shouldn't we expect the president to go a long way towards dealing with this and leading us out of it? and i don't see it, frankly. >> i don't either. and i think his view, honest he isly, he just won an election and so he calls the shots and republicans should just follow along, even though republicans kept their majority in the house and there's a...
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Dec 19, 2012
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stuart: can you get elected in america today saying no to people who want money? i don't think you can, i really don't. >> yeah, i think that's why would take both parties coming together and basically sort of jumping off this together. and saying, we're all going to take the hit. we're going to agree on this. we're not going to try to pin it on the the other party and what you see, is both sides do it, they both try to hold back and won't be very specific. even john boehner has really not been that specific when he talks about cuts, they claim they want to cut entitlements, but they're not that specific. stuart: forgive me, but i keep saying it, you know what i'm going to say, you are-- >> i'm-- >> you're drifting towards the center. >> this is just common sense. it's just common sense, isn't it. stuart: yes of course it is. >> i don't feel that this is a democrat or republican issue, it's just common sense. stuart: are you disappointed with this president? >> yes, of course. stuart: you are? >> well, i think i'm going to give him a chance in the new year, you kn
stuart: can you get elected in america today saying no to people who want money? i don't think you can, i really don't. >> yeah, i think that's why would take both parties coming together and basically sort of jumping off this together. and saying, we're all going to take the hit. we're going to agree on this. we're not going to try to pin it on the the other party and what you see, is both sides do it, they both try to hold back and won't be very specific. even john boehner has really...
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Dec 12, 2012
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>> founded america atheists. we should try not to offend people. that doesn't mean -- stuart: i got to you. >> of course you did. you're not letting me speak and it does get to me. stuart: you offended me with your billboard. one last question. >> yeah, go ahead. stuart: is it true that madeline murray o'hare has a tombstone somewhere and on it is wriiten atheist, all dressed up and nowhere to go. is that true? >> no, i don't believe that's true. stuart: i thought not. >> i want to wish you and everybody a happy holidays. you're not an atheist, be out to -- be nice to an atheist near you. if you are an atheist, come out to your family, they need to know who you are. >> thank you very much. stuart: up next, judge napolitano. twins. i didn't see them coming. i have oblations. cute obligations, but obligatio. i need to rethink the core of my portfolio. i have oblations. cute owhat i really need is sleep. introducing the ishares core building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares fo
>> founded america atheists. we should try not to offend people. that doesn't mean -- stuart: i got to you. >> of course you did. you're not letting me speak and it does get to me. stuart: you offended me with your billboard. one last question. >> yeah, go ahead. stuart: is it true that madeline murray o'hare has a tombstone somewhere and on it is wriiten atheist, all dressed up and nowhere to go. is that true? >> no, i don't believe that's true. stuart: i thought not....
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i think america is poised to take off. stuart: well, the republicans are set to respond today when speaker boehner goes in front of the cameras. will he show signs of retreat or any sign of compromise? remember, the president wants higher tax rates. will john boehner try to move the line that the president has drawn? we will have it for you live here on "varney & company" starting around ten o'clock eastern. then we have darden restaurants, the parent of olive garden, red lobster. it says its businesses could be hurt by bad publicity. darden said it might cut hours for some workers in order to avoid having to provide health insurance for them under obamacare. and a rift in the liberal media because of that. it might be a stretch in my opinion and maybe a stretch people saying they'll stop going to restaurants because of it. and a debate on that. darden, obamacare later in the hour. and breaking news from citigroup, too, it's cutting 11,000 jobs, it calls it part of its repositioning. it says it will save a billion dollars
i think america is poised to take off. stuart: well, the republicans are set to respond today when speaker boehner goes in front of the cameras. will he show signs of retreat or any sign of compromise? remember, the president wants higher tax rates. will john boehner try to move the line that the president has drawn? we will have it for you live here on "varney & company" starting around ten o'clock eastern. then we have darden restaurants, the parent of olive garden, red lobster....
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Dec 13, 2012
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stuart: quite prepared to sell america cheap. >> america is not on sale. [laughter] charles: unless the buyer has cash. >> okay, it might be. stuart: settle down everyone. i want to show you a place in miami. this, the asking price was almost 6 million dollars. now this is a mansion and a half. 6 million the asking. what was the buying price? >> we have it under contract for 5 million dollars. stuart: under contract means somebody is going to buy this thing? >> yes. stuart: they put a deposit down. you have the money. stuart: exactly. we have the money. -- >> who have the money. a saudi arabian buyer has it rented for three years. stuart: the per year rental? >> $30,000 a month. they're willing to pay the first year and a half up front. stuart: wait a second. the buyer, the buyer, the saudi? >> yes. stuart: he's going to rent it? already have an agreement for three years at 30,000 a month, $360,000 a year guaranteed income coming in for the purchase price of 5 million. >> right. so basically it's another half a million dollars after taxes and insurance and
stuart: quite prepared to sell america cheap. >> america is not on sale. [laughter] charles: unless the buyer has cash. >> okay, it might be. stuart: settle down everyone. i want to show you a place in miami. this, the asking price was almost 6 million dollars. now this is a mansion and a half. 6 million the asking. what was the buying price? >> we have it under contract for 5 million dollars. stuart: under contract means somebody is going to buy this thing? >> yes....
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like america that does that. >> it is 12.5 million shares. when these guys want to get out of something that is what we are afraid of that has happened before. they are running together at the same moment. cheryl: institutional mood is understandable. if you look at the plus or minus move is 1.7% and share price perspective is a brutal hits to the stock and scenes that have got more volatile if we look at that specific part of the chart and continues. >> when it got to 700 they were calling -- everybody's thinking they can't lose. we are down head -- to 520 and back to 594 and 519 this morning, we're bouncing but it is fading. cheryl: one of the things, a small percentage, coming from this interview with kim cook and messed up ony application, he admits that and handled the entire thing and also talking about perfective there going to be making macs in the country, the other side? do you care? >> you only care about how the perception of that is handled in the market. if it is handled negative, if people think nails in the coffin, samsung gal
like america that does that. >> it is 12.5 million shares. when these guys want to get out of something that is what we are afraid of that has happened before. they are running together at the same moment. cheryl: institutional mood is understandable. if you look at the plus or minus move is 1.7% and share price perspective is a brutal hits to the stock and scenes that have got more volatile if we look at that specific part of the chart and continues. >> when it got to 700 they were...
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Dec 11, 2012
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stuart: you're guilt tripping america. that's what the medical business does, you're guilt tripping people. >> no. stuart: yes, you are. >> giving you sound medical advice. this year, works 60% of the time the flu shot. stuart: 60% of the time, that's it? so i've got-- come on. i mean. >> probably more this year, probably more than 70 or 80. stuart: probably? what kind of-- come on. >> we won't know for sure until april, but listen, what else do you have? >> we won't know for sure until-- come on, doctor. >> stuart, this is your best defense against the flu. stuart: i haven't had flu in 40, 50 years. and would you-- >> the fact that you don't get the flu doesn't mean the guy next to you won't. stuart: i think i won. >> millions of peoples get flu. i'm the not saying mandate the flu shot. stuart: i've won. >> you've not won. it's a good idea for public health to have the flu shot. stuart: i've won, you lost, and now time for the gold report. thank you, doctor. where is the price of gold following the flu argument, 1710 an o
stuart: you're guilt tripping america. that's what the medical business does, you're guilt tripping people. >> no. stuart: yes, you are. >> giving you sound medical advice. this year, works 60% of the time the flu shot. stuart: 60% of the time, that's it? so i've got-- come on. i mean. >> probably more this year, probably more than 70 or 80. stuart: probably? what kind of-- come on. >> we won't know for sure until april, but listen, what else do you have? >> we...
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Dec 10, 2012
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america watching cheap and natural gas. cheryl: should the u.s. be exporting it to make a handsome profit for that melissa and lori are coming up next. stay with market now. ♪ >> you saw a survey of flight attendants, but they left out what is most selfish move of all, when the guy in front of you uses like a football player leaning far back, in your lap. >> i hate messing football player sits next to me and uses the armrest next to me. that is always a favorite. melissa: she doesn't even fly first class. spelori: i wasn't sure i shouldy i'm short. melissa: good afternoon. it is crunch time, president obama taking his fiscal cliff plan on the road just planning at michigan. the legislation putting them on the defensive. melissa: u.s. has plenty of natural
america watching cheap and natural gas. cheryl: should the u.s. be exporting it to make a handsome profit for that melissa and lori are coming up next. stay with market now. ♪ >> you saw a survey of flight attendants, but they left out what is most selfish move of all, when the guy in front of you uses like a football player leaning far back, in your lap. >> i hate messing football player sits next to me and uses the armrest next to me. that is always a favorite. melissa: she...
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is he the only person in america who does? dennis: third time for heff? he's getting hitched to a 26-year-old lass. tracy: at least she has her driver's license. at the top of the hour, stocks now. lauren's on the floor of the new york stock exchange. hey, lauren. >> you missed my face after that last story. i was like, ew, and that's how the markets are today; right? look at the dow, down nine points, nays -- nasdaq up six, and s&p hanging on by a point. markets took a turn after the manufacturing number for november, weakest number since july 2009. trying to recover since then. value shares well, up 6% right now. capital management still looking for a deal for this company, perhaps buying all of it or just the albertson unit. according to the "wall street journal" journal, they negotiated over the weekend. supervalue a winner today. back to you. tracy: somebody's got to be. thank you, lauren. see you soon. >> sure. dennis: the tumble off the cliff, a month away, and doesn't look like washington is closer to a debt deal. tracy: rich edson in dc with the
is he the only person in america who does? dennis: third time for heff? he's getting hitched to a 26-year-old lass. tracy: at least she has her driver's license. at the top of the hour, stocks now. lauren's on the floor of the new york stock exchange. hey, lauren. >> you missed my face after that last story. i was like, ew, and that's how the markets are today; right? look at the dow, down nine points, nays -- nasdaq up six, and s&p hanging on by a point. markets took a turn after the...
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Dec 26, 2012
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i have seen names like bank of america and hewlett-packard doing nicely with bank of america being a top winner but on the down sides, united healthcare and boeing have been under pressure. we have seen j and j and pfizer going back and forth and microsoft had a down arrow earlier. there's a look at the nasdaq down nearly 1% and below the 3,000 mark again as well. this is the environment. certainly commodities and people talk about oil, oil is up $2 and off of highs earlier today, that is a major factor in this market. dennis: more to the next big government bailout than meets the eye. liz macdonald tells us the white house is backing a plan to help out underwater mortgages and not just for government underwritten loans. shibani: let's take a look if you own these stocks on the nasdaq you are making money today. research in motion, netflix, a lot. dennis: the christmas movie box office cannot non-violent are rated westerns by quentin tarantino against a broadway musical based on a nineteenth century novel, was miserables and the musical won. universal's less miserables broken 18.one
i have seen names like bank of america and hewlett-packard doing nicely with bank of america being a top winner but on the down sides, united healthcare and boeing have been under pressure. we have seen j and j and pfizer going back and forth and microsoft had a down arrow earlier. there's a look at the nasdaq down nearly 1% and below the 3,000 mark again as well. this is the environment. certainly commodities and people talk about oil, oil is up $2 and off of highs earlier today, that is a...
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Dec 12, 2012
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oil boom in america. don't get too excited. gas prices won't go down. >> one thing we need to know about our money? >> one thing you need to know. the frugal christine you will get. 58% of americans say they are nowhere near done with their holiday shopping this year. this according to a new poll by reuter's last-minute shopping often leads to overspending. don't buy anything you can't afford to pay off, john berman, in the next 30 days. >> how about start my shopping. >> don't go crazy. the last-minute shopping costs more than you thought. >> all right. thank you. >>> 37 minutes past the hour. a reality star takes a real-world stand. he says his show is a fake and fighting back. we'll have the real reality story, coming up. [ female announcer ] born from the sweet monk fruit, something this delicious could only come from nature. new nectresse. the 100% natural no-calorie sweetener made from the goodness of fruit. new nectresse. sweetness naturally. new nectresse. a hybrid? most are just no fun to drive. now, here's one that wi
oil boom in america. don't get too excited. gas prices won't go down. >> one thing we need to know about our money? >> one thing you need to know. the frugal christine you will get. 58% of americans say they are nowhere near done with their holiday shopping this year. this according to a new poll by reuter's last-minute shopping often leads to overspending. don't buy anything you can't afford to pay off, john berman, in the next 30 days. >> how about start my shopping....
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Dec 13, 2012
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because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. >>> unpaid and undocumented. an intern with a criminal past faces deportation after he is found working for a u.s. senator. >>> batter and fighting back. how a brave young woman used facebook to single out the man she says attacked her. >>> and a weighty question. hear what new jersey's chris christie has to say when barbara walters asks is he too heavy to be president? >> quite an exchange. >> welcome back to "early start." happy you're with us. i'm zoraida sambolin. >> i'm john berman. >>> we still do not know why a 22-year-old sandwich shop clerk decided to put on a hockey mask and open fire on holiday shoppers at a portland area mall but we are learning more about gunma
because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. >>> unpaid and undocumented. an intern with a criminal past faces deportation after he is found working for a u.s. senator. >>> batter and...